alt
Posted : 2013-05-27 09:20
Updated : 2013-05-27 09:20

S. Korea's consumer sentiment rebounds in May

South Korean consumers' confidence rebounded in May from the previous month as the government's extra budget and the central bank's rate cut raised optimism about the economic recovery, the Bank of Korea (BOK) said Monday.

The consumer sentiment index (CSI) -- a gauge of consumers' overall economic outlook, living conditions and future spending -- came in at 104 for May, up from 102 tallied for the previous month, according to a monthly survey by the BOK.

The index stayed above the benchmark 100 for the fifth straight month in May, indicating that the number of optimists outnumbered that of pessimists. The survey, based on a poll of 1,988 households nationwide, was conducted from May 10-20.


  • 1. Chinese bar could get fined for scantily-clad women
  • 2. Actress breaks down after surprise Blue Dragon win
  • 3. US school accuses FTC of harassment
  • 4. S. Korea bans pro-N. Korean minor party
  • 5. Chinese boy tells Xi to lose weight (but not be as skinny as Obama)
  • 6. Nut case eclipses `memogate'
  • 7. Texas plumber's truck ends up in extremist's hands
  • 8. Sony cancels release of 'Interview' after threats
  • 9. British cook turns 'trash' into sustainable food movement
  • 10. Bra advertisement too hot for TV
Copy editors wanted
Experienced reporters wanted